REPORT DIGEST

DEPARTMENT OF AGRICULTURE

DUQUOIN STATE FAIR

COMPLIANCE EXAMINATION

For the Two Years Ended:

September 30, 2007

Summary of Findings:

Total this audit                  0

Total last audit                  8

Repeated from last audit   0

Release Date:

June 5, 2008

State of Illinois

Office of the Auditor General

WILLIAM G. HOLLAND

AUDITOR GENERAL

To obtain a copy of the Report contact:

Office of the Auditor General

Iles Park Plaza

740 E. Ash Street

Springfield, IL 62703

(217) 782-6046 or TTY (888) 261-2887

This Report Digest and Full Report are also available on

the worldwide web at

www.auditor.illinois.gov

FINDINGS, CONCLUSIONS, AND

RECOMMENDATIONS

There were no material weaknesses or significant deficiencies of noncompliance disclosed during our compliance examination. 

FINANCIAL RESULTS OF THE FAIR

DuQuoin State Fair expenditures exceeded revenues by $900,507 and $939,894 for the years ended September 30, 2007 and 2006, respectively.  (page 12)

ACCOUNTANTS’ REPORT

      The auditors’ have applied certain limited procedures to the accompanying supplementary information of the DuQuoin State Fair, except for information marked “not examined”. 

_______________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:JAF:pp

SPECIAL ASSISTANT AUDITORS

      McGladrey & Pullen LLP were our special assistant auditors for this examination.

{Revenues, expenditures and supplementary information are summarized on the reverse page.}

REVENUE AND EXPENDITURE STATISTICS

FY 2007

FY 2006

FY 2005

·     Total Revenue..........................................................................

            Tickets.................................................................................

                % of Revenue.................................................................

            Space Rental:Fair...............................................................

                % of Revenue.................................................................

            Entry Fees...........................................................................

                % of Revenue.................................................................

            Sponsorship.......................................................................

                % of Revenue.................................................................

            Other....................................................................................

                % of Revenue.................................................................

·      Total Expenditures (All Funds)............................................

            Personal Services..............................................................

                % of Expenditures.........................................................

            Other Payroll Costs (FICA, Retirement).........................

                % of Expenditures.........................................................

            Contractual Services.........................................................

                % of Expenditures.........................................................

            Fair Entertainment.............................................................

                % of Expenditures.........................................................

            Premiums and Awards......................................................

                % of Expenditures.........................................................

            Financial Assistance.........................................................

                % of Expenditures.........................................................

            All Other Operations Items..............................................

                % of Expenditures.........................................................

·      (Deficiency) of Revenues Over Expenditures....................

$1,153,234

$552,580

47.9%

$574,212

49.8%

$26,442

2.3%

      -

0.0%

  -

0.0%

$2,053,741

$359,778

17.5%

$83,692

4.1%

$513,139

25.0%

$428,399

20.9%

$126,679

6.2%

$442,687

21.5%

$99,367

4.8%

$(900,507)

$1,174,154

$562,249

47.9%

$564,438

48.1%

$34,767

2.9%

$12,700

1.1%

-

0.0%

$2,114,048

$381,907

18.1%

$69,643

3.3%

$548,750

26.0%

$442,000

20.9%

$120,872

5.7%

$446,345

21.1%

$104,531

4.9%

$(  939,894)

$1,140,817

$563,774

49.4%

$525,240

46.0%

$26,114

2.3%

$24,700

2.2%

989

0.1%

$1,871,970

$232,663

12.4%

$38,696

2.1%

$449,539

24.0%

$460,399

24.6%

$144,430

7.7%

$459,308

24.6%

$86,935

4.6%

$(731,153)

SUPPLEMENTARY INFORMATION

FY 2007

FY 2006

FY 2005

Employment Statistics (Approximate)

            Full Time Employees.........................................................

            September through May (Temporary)...........................

   June (Temporary)...............................................................

   July through August (Temporary)..................................

Selected Activity Measures

   Estimated Attendance (Not Examined)...........................

   Grandstand Shows – Tickets Sold (Not Examined)......

   Grandstand Show Revenues............................................

   Grandstand Show Expenditures......................................

Competitive Events

            Competitive Events Revenues........................................             Competitive Events Expenditures..................................

Pari-mutuel Wagering

Pari-mutuel Wagering Receipts......................................

   Pari-mutuel Wagering Expenditures...............................

3

4

4

46

315,500

22,360

$255,145

$342,477

$26,442

$158,594

$124,992

$201,723

     3

    6

   16

 44

330,000

30,949

$254,683

$396,035

$34,767

$159,702

$124,395

$196,436

2

5

2

41

298,286

26,900

$296,566

$333,259

$26,114

$154,778

$104,954

$187,980

AGENCY DIRECTOR

During Audit Period:  Mr. Charles A. Hartke

Currently:  Mr. Tom Jennings (Acting)